Tulive Developers Limited — Annual Report 2026

May 30, 2026

tulive
CIN: L99999MH1962PLC012549

May 30, 2026

BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai – 400001.

Dear Sir,

Ref: Scrip Code - 505285

SUB.: OUTCOME OF BOARD MEETING AND AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED MARCH 31, 2026.

We wish to inform you that the board of directors of Tulive Developers Limited at their meeting held today i.e., May 30, 2026 which commenced at 04:00 PM and concluded at 04:50 PM, considered and approved the audited standalone financial results of the Company for the quarter and the year ended March 31, 2026.

Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the audited standalone financial results for the quarter and year ended March 31, 2026, Statement of Assets and Liabilities and Cash Flow Statement for the year ended March 31, 2026 together with the auditor’s report. The results will also be uploaded on the website of BSE at www.bseindia.com and on the Company’s website at www.tulivedevelopers.com.

Kindly take the same on record.

Thanking you,

Yours faithfully,

For TULIVE DEVELOPERS LIMITED

| KRISHNA
VENKATA
RAMANA SHETTY
K.V. RAMANASHETTY
CHAIRMAN & DIRECTOR
DIN: 01470034. | Digitally signed by
KRISHNA VENKATA
RAMANA SHETTY
Date: 2026.05.30
17:05:56 +05'30' |
| --- | --- |

Tulive Developers Ltd.,
Regd. Office: # 21/22, "Loha Bhavan" PD Mello Road, Mumbai - 400 009.
Corporate Office: No. 23, Josier Street, Nungambakkam, Chennai - 600 034 | Tel.: +91 44 4262 3777
Email: tulivechennai@gmail.com | www.tulivedevelopers.com

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Tulive Developers Limited Regd Office No.21/22, "LOHA BHAVAN" P. D. Mello Road, Mumbai 400009 CIN L99999MH1962PLC012549 WEBSITE : www.tulivedevelopers.com Telephone No.044-28230222 E-Mail : atul.acura@gmail.com AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31ST MARCH 2026 (STANDALONE) PART 1 (Rupees in Lakhs)
S. No.
Audited
31.03.2026
I
II
III
IV
(a) Employee benefit expenses
(b) Depreciation and amortization expense
(c) Other expenses
Total Expenses IV
V
VI
VII
VIII
IX
X
1. Current tax
XI
XII
XIII
XIV
XV
XVI
XVII
XVII
PART-II
XVIII
XIX
XX
(a) Basic
PART III
A
31.03.2026
Public shareholdings:
(a) Number of Shares
(b) Percentage of shareholding
Promoters and Promoter group Shareholding:
a) Pledged / Encumbered :
(i) Number of Shares
(ii) Percentage of shares (as a % of the total shareholding of Promoter and Promoter Group )
(iii) Percentage of Shares (as a % of the total Share Capital of the Company )
b) Non - Encumbered:
(i) Number of shares
(ii) Percentage of shares (as a % of the total shareholding of Promoter and Promoter Group )
(iii) Percentage of Shares (as a % of the total Share Capital of the Company )
B
(a) Pending at beginning of quarter
(b) Received during the quarter
(c) Disposed off during the quarter
(d) Remaining unresolved at the end of the quarter
NOTES
1
2
3
4
5
6
7

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TULIVE DEVELOPERS LIMITED
(CIN : L99999MH1962PLC012549)
Balance Sheet as at 31st March 2026
(Amount in INR lakhs, unless otherwise stated)

| | As at
31 March 2026 | As at
31 March 2025 |
| --- | --- | --- |
| ASSETS | | |
| Non-current assets | | |
| Property, plant and equipment | 3,491.45 | 3,590.07 |
| Right of use assets | - | - |
| Investment properties | - | - |
| Financial assets | | |
| Investments | - | - |
| Other financial assets | - | - |
| Other non-current assets | - | - |
| Total non-current assets | 3,491.45 | 3,590.07 |
| Current assets | | |
| Inventories | | - |
| Financial assets | | |
| Investments | - | 51.44 |
| Trade receivables | - | - |
| Cash and cash equivalents | 334.90 | 307.88 |
| Bank balances other than cash and cash equivalent | - | - |
| Loans | - | 203.40 |
| Other financial assets | 700.00 | 500.00 |
| Other current assets | 50.29 | 39.64 |
| Total current assets | 1,085.19 | 1,102.36 |
| Total assets | 4,576.64 | 4,692.43 |
| EQUITY AND LIABILITIES | | |
| Equity | | |
| Equity share capital | 215.44 | 215.44 |
| Other equity | 4,355.98 | 4,471.05 |
| Total equity | 4,571.41 | 4,686.49 |
| Liabilities | | |
| Non-current liabilities | | |
| Financial liabilities | | |
| Borrowings | - | - |
| Trade Payables | | |
| i)total outstanding dues of micro enterprises and small enterprises | - | - |
| ii)total outstanding dues of creditors other than micro enterprises and small enterprises | | |
| | - | - |
| Other financial liabilities | - | - |
| Provisions | - | - |
| Deferred Tax Liabilities (Net) | 2.61 | 3.98 |
| Other non-current liabilities | - | - |
| Total non-current liabilities | 2.61 | 3.98 |
| Current liabilities | | |
| Financial liabilities | | |
| Borrowings | - | - |
| Lease Liabilities | - | - |
| Trade payables | | |
| i)total outstanding dues of micro enterprises and small enterprises | 0.91 | 0.63 |

1

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ii) total outstanding dues of creditors other than micro enterprises and small enterprises

	0.06	-
Other financial liabilities	-	-
Other current liabilities	0.39	0.08
Provisions	1.25	1.25
Contract Liabilities	-	-
Current tax liabilities (net)	-	-
Total current liabilities	2.61	1.96
Total liabilities	5.23	5.94
Total equity and liabilities	4,576.64	4,692.43

For and on behalf of the Board of Directors

TULIVE DEVELOPERS LIMITED

CIN: L99999MH1962PLC012549

KRISHNA VENKATA RAMANA SHETTY
Digitally signed by KRISHNA VENKATA RAMANA SHETTY
Date: 2026.05.30 17:06:42
+05'30'

K.V. RAMANASHETTY
Chairman & Director
DIN: 01470034

Place: Chennai
Date: 30-05-2026

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TULIVE DEVELOPERS LIMITED
(CIN: L99999MH1962PLC012549)
Statement of cash flows for the year ended 31st March 2026
(Amount in INR lakhs, unless otherwise stated)

Cash flow from operating activities

Profit/ (Loss) before tax from continuing operations

Profit before income tax including discontinued operations

Adjustments for:
- Depreciation and amortization expenses
- Interest income
- Unrealized Gain on Short Term Investment
- Net gain on sale of Current investments

Operating profit/loss before working capital changes

Changes in working capital

• Increase/ (Decrease) in trade payables
• Increase/ (Decrease) in other current liabilities
• Increase / (Decrease) in provisions
• Increase/ (Decrease) in other financial liabilities
• Decrease/ (Increase) in inventories
• Decrease/ (Increase) in Short Term Loans & Advances
• Decrease/ (Increase) in other financial assets
• Decrease/(Increase) in other current assets

Cash generated from operations

• Income tax paid

Net cash inflows/used from/in operating activities (A)

Cash flow from investing activities

• Payment for property, plant and equipment and intangible assets
• Purchase of Investments
• Proceeds from sales of investments/Subsidiary
• Proceeds from sale/ disposal of Property, plant and equipment
• Interest received

Net cash inflows/used from/in investing activities (B)

Cash flow from financing activities

• Proceeds from issuance of equity share capital
• Proceeds from exercise of share options
• Proceeds from issuance of convertible preference shares
• Proceeds from Borrowings
• Proceed from issue of Debentures or Bonds

Net cash inflows/used from/in financing activities (C)

Net increase/ (decrease) in cash and cash equivalents (A+B+C)

Effects of exchange rate changes on cash and cash equivalents

• Cash and cash equivalents at the beginning of the year
• Cash and cash equivalents at the end of the year

Reconciliation of cash and cash equivalents as per the cash flow statement

Cash and cash equivalents comprise

Balances with banks:
- On current accounts
- Deposits with maturity of less than 3 months
- Cheques/drafts on hand
- Cash on hand
- Cash at bank and short-term deposits attributable to discontinued operations
- Less: Bank overdrafts

Total cash and cash equivalents at end of the year

Bank balances other than Cash and cash equivalents

Total

Year ended 31 March 2026	Year ended 31 March 2025
(116.44)	(124.45)
(116.44)	(124.45)
98.62	98.62
(27.15)	(13.15)
-	(5.08)
(2.77)	(0.09)
(47.75)	(44.15)
0.34	-
0.31	0.08
-	-
-	-
-	-
203.40	646.60
(200.00)	(500.00)
(10.65)	0.88
(54.34)	103.41
-	-
(54.34)	103.41
-	-
-	-
54.21	23.00
-	-
27.15	13.15
81.36	36.15
-	-
-	-
-	-
-	-
-	-
27.02	139.56
307.87	168.31
334.89	307.87
334.89	307.87
-	-
-	-
-	-
334.89	307.87
-	-
334.89	307.87

For and on behalf of the Board of Directors

TULIVE DEVELOPERS LIMITED
CIN: L99999MH1962PLC012549

KRISHNA VENKATA RAMANA SHETTY
K.V. RAMANASHETTY
Chairman & Director
DIN: 01470034

Place: Chennai
Date: 30-05-2026

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Dagliya & Co.
CHARTERED ACCOUNTANTS
CA

INDEPENDENT AUDITOR'S REPORT ON ANNUAL FINANCIAL RESULTS OF TULIVE DEVELOPERS LIMITED PURSUANT TO THE REGULATION 33 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 (AS AMENDED)

To
The Board of Directors,
Tulive Developers Limited.
Mumbai.

Opinion

We have audited the accompanying financial results of Tulive Developers Limited (“the Company”), for the quarter and year ended 31st March 2026, attached herewith, pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”)

In our opinion and to the best of our information and according to the explanations given to us the aforesaid financial results

a. are presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard, and
b. give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards (“IndAS”) specified under section 133 of the Companies Act, 2013 (“the Act”) read with the companies (Indian Accounting Standards) Rules, 2015 (As amended), and other accounting principles generally accepted in India, of the net profit/loss and other comprehensive income for the quarter ended 31 March 2026 and net loss and other comprehensive income and other financial information of the company for the year ended 31st March 2026.

Basis for opinion

We conducted our audit in accordance with the Standards on Auditing (“SAs”) specified under section 143(10) of the Companies Act, 2013 (“the Act”). Our responsibilities under those SAs are further described in the Auditor’s Responsibilities for the Audit of the Financial Results section of our report. We are independent of the company in accordance with the code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial results under the provisions of the Act, and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our opinion on the financial results.

"SUNDAR KRISHNA BUILDING"
1st Floor, No. 1, Gengu Reddy Road, (Opp. Hotel Blue Diamond) Poonnamallee High Road, Egmore, Chennai - 600 008.
Phone : 044 - 4336 7222 Mob : 98415 35419, 94445 29154, 94458 75396 e-mail : dagliyachennai@gmail.com Website : www.dagliya.com
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DAGLIYA & CO., Chartered Accountants

CA

Management's and Board of Directors' Responsibilities for the Financial Results

These financial results have been prepared on the basis of the annual financial statements and have been approved by the Company's Board of Directors.

The Company's Management and the Board of Directors is responsible for the preparation and presentation of these financial results that give a true and fair view of the company's net profit/loss and other comprehensive income and other financial information of the company in accordance with the recognition and measurement principles laid down in IndAS prescribed under section 133 of the Act read with the (Companies Indian Accounting Standards) Rules, 2015 (As amended) and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations.

The Management and Board of Directors of the company are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the company and for preventing and detecting frauds and other irregularities, selection and application of appropriate accounting policies, making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring accuracy and completeness of the accounting records, relevant to the preparation and presentation of the financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error, which have been used for the purpose of preparation of the financial results by the Management and the Board of Directors.

In preparing the financial results the Management and the Board of Directors of the company are responsible for assessing and ability of company to continue as a going concern, disclosing as applicable matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the company or to cease operations or has no realistic alternative but to do so.

The Board of Directors of the company is also responsible for overseeing the financial reporting process of the company.

Auditor's Responsibilities for the Audit of the Financial Results

Our objectives are to obtain reasonable assurance about whether the financial results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee than an audit conducted in accordance with the SAs specified u/s 143 (10) of the Act will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if,

Page 2 of 5

Signed by
Rgmo
Charna - 8
ACCOUNTS

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DAGLIYA & CO., Chartered Accountants

CA

individually or in aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial results.

As part of an audit in accordance with SAs specified u/s 143 (10) of the Act, we exercise professional judgments and maintain professional skepticism throughout the audit. We also

• Identify and assess the risks of material misstatement of the financial results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omission, misrepresentations, or an override of internal control.

• Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under section 143(3)(i) of the Act, we are also responsible for expressing our opinion through a separate report on the complete set of financial statements on whether the company has adequate internal financial controls with reference to financial statements in place and the operating effectiveness of such controls.

• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures in the financial results made by the Management and Board of Directors.

• Conclude on the appropriateness of the Management and Board of Directors use of the going concern basis of accounting and, based on the audit evidence obtained whether a material uncertainty exists related to events or conditions that may cast significant doubt on the appropriateness of this assumption. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the company to cease to continue as a going concern.

• Evaluate the overall presentation, structure and content of the financial results including the disclosures, and whether the financial results represent the underlying transactions and events in a manner that achieves fair presentation.

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DAGLIYA & CO., Chartered Accountants

CA

Materiality is the magnitude of misstatements in the financial statements that, individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the financial statements may be influenced. We consider quantitative materiality and qualitative factors in (i) planning the scope of our audit work and in evaluating the results of our work; and (ii) to evaluate the effect of any identified misstatements in the financial statements.

We communicate with those charged with governance of the company among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

Other Matters:

The financial results include the results for the quarter ended 31 March 2026 being the balancing figures between the audited figures in respect of the full financial year and the published unaudited year-to-date figures up to the third quarter of the current financial year, which were subject to limited review.

For DAGLIYA& CO.
Chartered Accountants
FRN: 000671S

SUNIL GOLCHA
Partner
Membership No.209246

UDIN: 26209246GWRDQL8673
Place: Chennai
Date: 30.5.2026

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tulive
CIN: L99999MH1962PLC012549

Date: May 30, 2026

BSE Limited
Phiroze Jeejeeboy Towers,
Dalal Street,
Mumbai – 400001.

Dear Sir/Madam,

Ref: Scrip Code - 505285

SUB.: Declaration of audit report with unmodified opinion pursuant to Regulation 33(3)(d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

We Tulive Developers Limited, hereby declare that Dagliya &Co, Chartered Accountants, statutory auditors of the company have issued audit report dated May 30, 2026 with unmodified opinion on the financial statements of the company for the financial year ended March 31, 2026.

Kindly take note of the same.

Thanking you,

Yours faithfully,
For TULIVE DEVELOPERS LIMITED

KRISHNA
VENTKATA
RAMANA SHETTY
K.V. RAMANASHETTY
CHAIRMAN & DIRECTOR
DIN: 01470034

Digitally signed by
KRISHNA VENKATA
RAMANA SHETTY
Date: 2026.05.30
17:07:33 +05'30'

Tulive Developers Ltd.,
Regd. Office: # 21/22, "Loha Bhavan" PD Mello Road, Mumbai - 400 009.
Corporate Office: No. 23, Josier Street, Nungambakkam, Chennai - 600 034 | Tel.: +91 44 4262 3777
Email: tulivechennai@gmail.com | www.tulivedevelopers.com